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OpenStudy (anonymous):
PLEASE HELP!!!!!!!! Constance Hairston obtains a 30-year, $133,750 mortgage at 12% on a house selling for $159,000. Her monthly payment, including principal and interest, is $1376.29. How much of the total cost will be interest?
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OpenStudy (retireed):
It would be the the monthly payment times 30 years times 12 months - the House mortgage.
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